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Why Traders Need AutoFibo EA

Using Fibonacci to trade is a really advanced approach to trading – while effective, it is usually really tough to accomplish because of the complexities involved in drawing Fibonacci retracement and expansion lines correctly. With AutoFibo EA, traders can now easily identify setups, as it manages the bulk of the heavy lifting, and provides the added benefit of expert advisor trading for automated execution of trades.

Below are some examples of how the AutoFibo EA accurately draws and filters out good Fibonacci retracement lines using a zigzag line with an adaptive smart channel filter that automatically adjusts itself based on the market's volatility.

With AutoFibo EA

Utilises advanced indicators to maintain price structure within a narrow channel effectively

Without AutoFibo EA

Struggles with manual adjustments, resulting in unreliable Fibonacci lines and deviations from intended market structure

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  • Professional-Level Algorithmic EA Trading Tool

  • Compatible with
    Various Assets

  • Seamless Integration
    with MT4

Smart & Effective Trade

Advanced Adaptive Zigzag Indicator 

Introducing our latest innovation - the Advanced Adaptive Zigzag Indicator. It generates dynamic channels with the use of the latest market fractals. Its automatic adjustment of the width of the channel based on ATR ensures accurate capture of the correct Fibonacci market structure. 

If the price market structure deviates out of the channel, the setup is discarded, and the AutoFibo EA looks for a new setup. 

Sniper-like Trading Precision

Unleash the power of this AutoFibo EA by configuring it to analyse different types of Fibonacci retracements and projections across multiple time frames.

With its sniper-like approach - It doesn’t take trades all that often, but when it does, it is fairly accurate.

SUCCESSFUL EXAMPLES

Deposit Tiers & Access Levels

Explore the power of Vantage Plus Algorithmic Trading now to empower your trading potential

  • $1,000

    Major FX Pairs

  • $5,000

    Major FX Pairs and Commodities

  • $10,000

    All Products

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Steps to Unlock & Download
AutoFibo EA in MT4

  • 1
    Open

    Open a live account within 5 minutes here.

  • 2
    Fund

    Deposit at least $1,000 into your trading account.

    *Please note that the MT4 EA tool can only be installed on designated funded trading accounts. 

  • 3
    Enjoy

    Access and download the tool by submitting the form.

AUTOFIBO EA

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AutoFibo EA

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Ideal Settings for AutoFibo EA

Zig Zag Setting

Entry Type

FibonacciRetracement = True

FibonacciProjection = False

FibonacciConfluence = True

Fibonacci
Retracement Rules 

EntryRetFibonacci = 126 

StopLossRetFibonacci = 133 

TakeProfitRetFibonacci = 105

Fibonacci
Confluence Rules

EntryFibRetracement = 61

EntryFibProjection = 61,78,100

FibRetracementTolerance = 4

StopLossFibRetracement = 70

TakeProfitFibRetracement = 50

Risk Management

UseFixedLot: False

FixedLot: 0.1

RiskPercentage: 0.5

Disclaimer: This EA trading tool provides assistance in trading. Users should be aware of the inherent risks in trading and are encouraged to use this tool with a comprehensive risk management strategy.

Trading Experience Plus

Example 1:

AutoFibo EA has identified a trade at the 127% Fibonacci Retracement level and executed a reversal trade to capitalize on the move back down to the 102% level. 

Example 2:

Occurred during Fibonacci confluence (where more than one type of Fibonacci lines up).
We can see that the 61.8% Fibonacci retracement lines up nicely with the 78.6% Fibonacci Expansion within a tolerance range of 5%. We then enter a trade with our take-profit set back up at the 38.2% Fibonacci retracement. 

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